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Most S. Korean firms that operated at Gaeseong complex suffering business woes: Survey

2019-04-16 6 Dailymotion

A new poll shows most South Koreans who ran companies at the long-shuttered inter-Korean Gaeseong Industrial Complex are experiencing business troubles.<br />According to the Korea Federation of SMEs on Tuesday, the survey was based on 108 companies that once operated at the complex.<br />More than 85 percent said their business conditions had deteriorated since the complex was shut down in 2016 after North Korea conducted its fourth nuclear test.<br />Lack of funds was the main reason given.<br />Citing that almost all the firms surveyed want to re-enter the complex, the Korea Federation of SMEs called on the government to do more to push harder for operations at Gaeseong to restart. <br />

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